Governor of Narodowy Bank Polski
Governor of Narodowy Bank Polski
Born on 9 April 1950 in Warsaw.
In 1972, he graduated from the Central School of Planning and Statistics (currently, Warsaw School of Economics) and since 1974 he has worked there as a lecturer. He is Professor of Economics and head of the Political Economy and History of Economic Thought Unit at the Collegium of Management and Finance at Warsaw School of Economics. In 2003-2007, he was Professor at the Edward Lipiński School of Economics and Law in Kielce. Previously, he was engaged in teaching activities, inter alia, at the Polish Academy of Sciences (1978-1983), at the Inter-University Centre of Postgraduate Studies in Dubrovnik (1986-1989), at the University of Colorado at Boulder (1993-1998), at the United States Business and Industrial Council at the University of Missouri and University of Kansas (1996) as well as the Institut Superieur de Gestion (1994–2005).
Since the beginning of the 1990s, he has held numerous important posts in public administration. In 1991, he was Minister of Construction and Spatial Planning in the Government led by Jan K. Bielecki. In 1992, he was Minister of Foreign Economic Relations in the Government led by Jan Olszewski. He was a deputy to the Sejm of the Republic of Poland of the First Term (1991-1993) and senator of the Senate of the Republic of Poland of the Fourth Term (1997-2001), where he served as Deputy Chairman of the National Economy Committee. He was also a member of the EU-Poland Joint Parliamentary Committee.
He was Chairman of the supervisory boards of Bank Rozwoju Eksportu S.A. (1992), Centralwings Nowy Przewoźnik (2007) and KGHM Polska Miedź S.A. (2007). In 2007-2008, he was President of the Board of Directors and General Director of Polkomtel S.A.
In 1993-2001, he was director of the Institute of Economic and Political Freedom.
In 2009, he was an economic advisor to President of the Republic of Poland, Lech Kaczyński. In 2010, the President of the Republic of Poland appointed him to the Monetary Policy Council for a six-year term of office between 2010-2016. On 29 February 2016, the President of the Republic of Poland Andrzej Duda appointed him as member of the Management Board of Narodowy Bank Polski.
On 10 June 2016, he was appointed by the Sejm of the Republic of Poland as Governor of Narodowy Bank Polski. He took office on 21 June 2016 after being sworn in by the Sejm of the Republic of Poland.
In 2020, he was ranked 6th in the ranking of the 200 most influential people in the Polish economy, compiled by RMF FM and the Money.pl and 300Gospodarka portals. In 2021, in recognition of his actions taken as President of NBP during the COVID-19 pandemic, he received the "Personality of the Financial Market" special prize awarded by the editors of the Parkiet daily, was ranked 1st in the ranking of the 50 most influential people in the Polish economy in 2020, compiled by the editors of Dziennik Gazeta Prawna, and was honoured with the “Bank Manager of the Year 2020” Special Prize awarded by the editors of Gazeta Bankowa. Also in 2021, Capital Finance International awarded NBP, led by Adam Glapiński, the “Best Central Bank Governance Europe 2021” award.
On 12 May 2022, he was appointed by the Sejm of the Republic of Poland for a second term of office as Governor of Narodowy Bank Polski. He was sworn in by the Sejm and took office on 22 June 2022.